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Geppy's Geppy Thread (GBP/JPY)

  • #13,521
  • May 1, 2014 5:00am May 1, 2014 5:00am
Looks like giant breakout imminent.
There's always money in the banana stand.
  • #13,522
  • May 1, 2014 5:23am May 1, 2014 5:23am
Market decision time.
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There's always money in the banana stand.
  • #13,523
  • May 1, 2014 5:56am May 1, 2014 5:56am
173 is Wall, fail then 170 coming
  • #13,524
  • May 1, 2014 6:13am May 1, 2014 6:13am
Quoting Noob Trader
173 is Wall, fail then 170 coming
out of curiosity, why? I see higher lows and building strength to push over the wall very very soon.
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There's always money in the banana stand.
  • #13,525
  • Edited 7:27am May 1, 2014 6:19am | Edited 7:27am
Quoting Noob Trader
173 is Wall, fail then 170 coming
I have the same feeling, 170 is a very rational target. I short now before it's too late
  • #13,526
  • May 1, 2014 6:45am May 1, 2014 6:45am
Well, since yesterday I've had a sell on GBP/JPY... I keep thinking it's going down but it keeps reversing....
  • #13,527
  • May 1, 2014 6:59am May 1, 2014 6:59am
Quoting mr.stjoeguy
Well, since yesterday I've had a sell on GBP/JPY... I keep thinking it's going down but it keeps reversing....
I thought the same, and got burned last night. This market just looks absolutely poised to shoot to the north. I normally find that when I'm reversed out like yesterday, its best not to fight the current, but to roll with it. The market is continuously coiling to the upside.
There's always money in the banana stand.
  • #13,528
  • May 1, 2014 7:17am May 1, 2014 7:17am
Quoting LizardGizzard
{quote} I thought the same, and got burned last night. This market just looks absolutely poised to shoot to the north. I normally find that when I'm reversed out like yesterday, its best not to fight the current, but to roll with it. The market is continuously coiling to the upside.
do you think again it will break higher?
it seems short now, isn't it?
or is it buy on dip to attack the high again?

thx
  • #13,529
  • May 1, 2014 7:19am May 1, 2014 7:19am
Well it looks like it might be going down again. If
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it can get past my 21 MA, I'll be happy...
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  • #13,530
  • May 1, 2014 7:21am May 1, 2014 7:21am
Hell, no one knows for sure. I think it would need to break below 171.90 to be short. Above that, it looks to me anyway like it is building strength to push higher.
There's always money in the banana stand.
  • #13,531
  • May 1, 2014 7:29am May 1, 2014 7:29am
Quoting LizardGizzard
Hell, no one knows for sure. I think it would need to break below 171.90 to be short. Above that, it looks to me anyway like it is building strength to push higher.

HTF are long again
  • #13,532
  • May 1, 2014 7:36am May 1, 2014 7:36am
Yeah, that's what I'm afraid of... "pulling back the bow to launch another arrow up"....

I've been hobby trading since 2010 when I lost my last job. Been working again part time but now my body is racked with Arthritis, can't work anymore so now I'm try to do this full time to help pull in some income. I've never really "chatted" before... This is fun!
  • #13,533
  • May 1, 2014 7:39am May 1, 2014 7:39am
Welcome, MrStJoe.
There's always money in the banana stand.
  • #13,534
  • May 1, 2014 7:41am May 1, 2014 7:41am
btw i see a wall just above
  • #13,535
  • May 1, 2014 7:58am May 1, 2014 7:58am
I think everybody knows this thing. Break tl daily:d
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  • #13,536
  • May 1, 2014 7:59am May 1, 2014 7:59am
Quoting mr.stjoeguy
Yeah, that's what I'm afraid of... "pulling back the bow to launch another arrow up".... I've been hobby trading since 2010 when I lost my last job. Been working again part time but now my body is racked with Arthritis, can't work anymore so now I'm try to do this full time to help pull in some income. I've never really "chatted" before... This is fun!
Wish you luck, and much success turning this into a full time business.
  • #13,537
  • May 1, 2014 7:59am May 1, 2014 7:59am
Bought with tight SL
  • #13,538
  • May 1, 2014 8:04am May 1, 2014 8:04am
Quoting jimi
Bought with tight SL
price, SL, TP?
  • #13,539
  • May 1, 2014 8:05am May 1, 2014 8:05am
Quoting cat
{quote} price, SL, TP?
172,70
sl 172,55
tp open
sl @be asap
  • #13,540
  • May 1, 2014 8:08am May 1, 2014 8:08am
Quoting jimi
{quote} 172,70 sl 172,55 tp open sl @be asap
I'm hoping that works out nicely for you.
There's always money in the banana stand.
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